Managing an extensive portfolio of facilities and infrastructure at colleges and universities is no easy task. Many maintenance and engineering managers struggle with developing capital plans, and determining how funds should be spent is complicated. This blog post explores the ways in which software can enhance facility capital planning for higher education institutions. It aims to provide insights on how technology can improve the planning process and achieve better outcomes.

What is the Best Way to do Capital Planning for Colleges and Universities?

How can your facility management team efficiently maintain an inventory of asset systems and major components that include system descriptions such as the year installed, asset life expectancy, projected replacement year, adjusted replacement year based on facility condition assessment data, condition rating, current replacement value, and estimated renewal costs?

You need Solutions for Higher Education. Intellis is your software partner. We offer gold-standard customer service and a high-quality product: the Foundation system allows you to capture and track recurring renewal needs, non-recurring needs, photos, up-to-date condition rating, estimated renewal costs, remaining useful life, and all associated data included in a detailed description.

Learn how Intellis can empower college and university facility management teams.

What are the Benefits of Foundation?

The FOUNDATION Solution by Intellis is an integrated and flexible platform for managing operations, improving productivity, and enabling better decision-making.

• Capture and track recurring (cyclical) renewal needs and non-recurring needs and associated data, including detailed descriptions, photos, condition ratings, estimated renewal cost, remaining useful life, etc.
• Assess and monitor the current condition of facilities and infrastructure on campus.
• Forecast and plan for future capital renewal needs.
• Rank and prioritize needs and provide justification for funding.
• Display the condition of facilities at given funding levels and the funding required to achieve your institution's goals.

What are the Key Features?

The Foundation System empowers colleges and universities to manage facilities and operations, mitigate risk, enhance efficiency, and enable better decision-making. This allows you to improve capital planning and strategically maintain your physical assets to deliver on your educational institution's mission.

• Flexibility to support your specific company practices and goals.
• Insight into which projects to fund and which to defer.
• Actionable plans to keep your facilities and operations in top condition.
• Alignment of facilities management with business goals.
• Data and reports to make strategic, confident business decisions and investments.

Talk to Intellis Today

Schedule a discovery call with our team to learn how the Foundation Condition Assessment and Capital Planning System will help improve your higher education institution.